Date Approved
04/06/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
PROGRESSIVE TURNINGS INC
Borrower Address
1680 MOUNTAIN ST
Borrower City
AURORA
Borrower State
IL
Borrower Zip
60505-2439
Loan Status Date
01/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
291068.52
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
21562
Servicing Lender Name
Itasca Bank & Trust Co.
Servicing Lender Address
308 W Irving Park Rd
Servicing Lender City
ITASCA
Servicing Lender State
Servicing Lender Zip
60143-2038
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KANE
Project State
Project Zip
CD
IL-11
Jobs Reported
NAICS Code
333515
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
13625.00
Payroll Proceed
260068.52
Mortgage Interest Proceed
Rent Proceed
17375.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
293122.17
Forgiveness Date
12/28/2020